ORGANON & CO (OGN)
US68622V1061 - Common Stock
Overall OGN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, OGN is a bad performer.
64% of all other stocks performed better in the past year than OGN.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month OGN has a been trading in the 17.33 - 19.12 range, which is quite wide. It is currently trading near the high of this range.
OGN has an average volume of 2147060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OGN is an average performer in the Pharmaceuticals industry, it outperforms 57% of 198 stocks in the same industry.
OGN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OGN is lagging the market slightly.
OGN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.52, a Stop Loss order could be placed below this zone.
More info and screens
17.15
19.09
We found 3 important support areas.
- A support zone ranging from 18.14 to 18.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.78 to 17.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.32 to 17.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.84 to 18.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.63
Mansfield-0.26
10 Day High19.12
10 Day Low17.38
20 Day High19.12
20 Day Low17.33
52 Week High24.08
52 Week Low10.84
Performance
1 Week0.64%
2 Weeks5.37%
1 Month5.14%
3 Month13.16%
6 Month41.58%
12 Month-16.39%
2 Year-50.4%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)59.37
LBB17.3
UBB19.14
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.91 | 18.13 | 0.78 (4.12%) | 24.24% |
| An entry @18.91. This is a Buy Stop order right above the resistance zone. | An exit @18.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.78 points, which is 4.12%. | For a 1.00% total portfolio risk, you can invest 24.24% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OGN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ORGANON & CO
NYSE:OGN (5/1/2024, 6:00:00 PM)
After market: 18.7999 -0.03 (-0.16%)18.83
+0.22 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.18%
1 Week0.64%
2 Weeks5.37%
1 Month5.14%
3 Month13.16%
6 Month41.58%
12 Month-16.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.53
ATR(20)%2.69%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.12
10 Day Low17.38
20 Day High19.12
20 Day Low17.33
52 Week High24.08
52 Week Low10.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.62M
Volume Incr-0.82%
Vol(5)2.10M
Vol(50)2.15M